ABB India Limited vs Bharat Heavy Electricals Limited
An objective side-by-side of ABB and BHEL, both in Electric Equipment: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: ABB Jun 2026 · BHEL Jun 2026
At a glance
- ABB India Limited is the larger company by market value, about 1.0 times the size of Bharat Heavy Electricals Limited.
- On trailing earnings, ABB India Limited trades at the lower P/E (51.4 against 62.1).
- ABB India Limited earns the higher return on equity (38.2% against 9.3%).
- Over the past year the share prices returned +36.2% (ABB) and +88.7% (BHEL).
| Metric | ABB India ABB |
Bharat Heavy BHEL |
|---|---|---|
| Size and price | ||
| Market cap | ₹154,079 Cr | ₹150,913 Cr |
| Share price | ₹7,271 | ₹433.40 |
| Valuation | ||
| P/E | 51.43 | 62.06 |
| P/B | 19.66 | 5.77 |
| EV/EBITDA | 81.07 | 47.03 |
| PEG | — | 1.68 |
| Dividend yield | 0.6% | 0.1% |
| Profitability | ||
| ROE | 38.2% | 9.3% |
| ROCE | 30.0% | 9.0% |
| Operating margin | 14.0% | 9.4% |
| Sales (TTM) | ₹13,611 Cr | ₹35,993 Cr |
| Net profit (TTM) | ₹2,996 Cr | ₹2,432 Cr |
| Growth | ||
| Latest quarter sales YoY | +12.1% | +40.3% |
| Latest quarter profit YoY | +5.1% | +182.6% |
| Sales CAGR 3Y | — | +13.0% |
| Profit CAGR 3Y | — | +37.0% |
| Sales CAGR 5Y | — | +14.0% |
| Profit CAGR 5Y | — | +21.0% |
| Financial strength | ||
| Debt/Equity | 0.01 | 0.31 |
| Interest cover | 90.28 | 2.68 |
| Ownership | ||
| Promoter holding | 75.0% | 58.2% |
| Promoter change (4 qtrs) | +0.00 pp | -5.00 pp |
| Price performance | ||
| Return 1M | -2.78% | +4.81% |
| Return 3M | +0.18% | +5.32% |
| Return 1Y | +36.19% | +88.71% |
| Return YTD | +40.64% | +50.77% |
| Technical condition | ||
| Technical score | 48 | 87 |
| RS rating (1-99) | 74.00 | 89.00 |
| % vs 200-DMA | +12.24% | +27.17% |
| RSI (14) | 46.23 | 54.85 |
| % from 52-week high | -8.25% | -2.93% |